Day 2 on the other hand started off with the Maple Leafs trading away Patrick Marleau and his entire $6.25 Million cap hit to the Carolina Hurricanes.
The Trade:
The belief is that Carolina will indeed be buying out Marleau’s contract, which would allow Marleau to then sign a cheap deal with the San Jose Sharks as an Unrestricted Free Agent on July 1st.
When a player over the age of 35 is bought out, the team which buys him out doesn’t receive any cap relief. This was the issue that Maple Leafs General Manager Kyle Dubas had to work with while trying to find a trade partner for Marleau.